S Kumarscom Ltd
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BSE Code:
532316
NSE Code:
Business Profile
Business Profile
S Kumars Online (SKUMAR), the infotech arm of the S Kumars group, is engaged in online trading activities. It was incorporated as a private limited company on May 14, 1999, was converted into a public limited company on Aug. 31, 1999, and got its present name on Jul. 28, 2001.
Through its online presence, the company has created e-commerce opportunities for the business and trading communities and is beneficial to consumers, traders and manufacturers. It makes efforts to sell high-value items like sarees, jewelry, fabric, telephones, pearls, and leather. Operating through franchisees spread across the country, training programs are offered to franchisees in association with Aptech India. Through these franchisee outlets connected via VSATs, consumers can avail services such as buying and selling, placing ads, access to information of every kind, sign up for various world class courses, e-mail and other communication facilities.
Tie-ups with foreign companies for getting BPO contracts and data entry operations is high on the company`s agenda for FY08. This is to be taken up by selected franchisees. It is looking for tie-ups with manufacturing companies and banks wanting to use its network to trade and offer services.
The registered office is located at Avadh Avadhesh Parisar, 2nd Floor, G.K. Marg, Worli, Mumbai-400018.
Financials
S Kumars Online registered a loss of Rs 4.96 million for the quarter ended December 2007.
It recorded a net sales of Rs 0.03 million for the quarter.
Total income rose 300% to Rs 0.04 million for the quarter ended December 2007 from Rs 0.01 million for the quarter ended December 2006.
The loss per share of the company stood at Rs 0.19 for the quarter ended December 2007.